Godbless88, Rchi Yes so true , we certainly will have different opinions certain times. That's why we have this forum to discuss , share ideas and help out each other. Even looking at charts, sometimes we may be biased, ... bcos we like the counter, we choose to ignore warning signals, Thats where different opinion helps.. Jolt you up.. to see what you have ignored. Importantly must make money.
In1792,syf is in furniture business..all major furniture players hv moved,latitude,poh huat etc...today vol building up and a white candle...has some fa. hahaha this forum is so quiet,too many serious fa investors ?
Wah oil God. Remind me that orang minyak drama I watch when I was a child. I do sense oil is bottom. Me collecting yinson. Don't underestimate Ghana project. It can add significant underlying profit p.a. Last time I heard it should know the result end of December and now is January!! Can be next week!. Yinson FPSO business is not affected by oil price directly
SYF chart looks bullish. 1)Double bottom /Bull Engulfing at F61.8 retracement and Jan14 uptrendline support 2)Macd and rsi bullish 3)Volume build up today
chinesetea,your email cannot get thru'. In1792,yes syf looks good.I hv another idea now,will post here when i see it crystallizing.Note that my trades are usually for short term as i do not fancy holding stocks too long...this may vary greatly from chinesetea's style.
Stock: [SYF]: SYF RESOURCES BHD Jan 10, 2015 04:41 PM | Report Abuse
Furniture manufacturer SYF Resources Bhd expects better profit in the financial year ending July 31, 2015 (FY15), due to lower raw material prices and the weakening ringgit against the US dollar.
SYF executive director Datuk Seri Chee Hong Leong said the results for furniture exporters would be good, as raw material is at its all-time low in the past five years, stemming from low rubber prices which led to “a lot of replanting and timber cut.” Rubber wood is one of the main raw materials used by SYF Resources to manufacture furniture.
The weakening ringgit against US dollar would also translate into better profit margins, but the company had yet to enjoy the full impact of the lower ringgit, as it had already done some hedging earlier on, Chee said.
rchi, I dare not play stock (especially warrant) like you as me very slow. You can gain 100% but me slow slow can lost 100% too. Hope you can teach us how to fish like you.
Chinesetea,it is a matter of risk appetite and our individual risk profile. As the way things are,you are ady very good..and my style may not be suitable for you.Will revert to you on this.However trying some small lots will not hurt :).
Dylan312,you can follow chinesetea or me or you can go to chrissyconn.
dylan312, please come to visit here often. I will post some when I know but you need to do your homework and decide when to sell. My pick normally takes longer. I have mentioned VS industry recently. I suggest to buy this when there is correction or you think is right price to you. If you don't like furniture stock, then VS is good to benefit from weaking USD/MYR.
Hi, why flagging me? Mind to share? I will explain why I choose a stock tomorrow back by analysis. If you don't like it, then I don't need to share. I just buy on my own. Ok?
Good morning chinesetea. I have been a silent reader since last year. Your sharing and stock selection has been great. Please do not allow other people's comments to affect you. Thank you so much for all your good sharing. Well done and continue the good work. I am sure you have a lot of supporters.
I only guess something big based on yesterday very unusual volume. I may be wrong. So do you homework before buy. Later not happen or lose money do not blame me. Win money come here say thank you. Vs industry very good. I still keep my ifcamsc . Myeg sold half. Prepare to collect more again.
hi everyone in this forum, im just another silent reader. i hope u guys wont be put down by the haters around..especially to chinesetea and siva a big thank you for recommending ifca, myeg, and ksl. really appreciate it guys.just ignore these fools, the risk is always our own to take, no guarantees in the market. anyway, keep up the great work and keep sharing..i will do that when i can, now still a noob..;)
Thanks kongxkong for your encouragement. I hope what I share has profited you most but market is unpredictable as well as company's earning. I can be overlooked something and recommended the wrong stock or at the wrong time. So I always recommend all do their home work, study from kcchongnz. If I make mistake or have doubt on my pick let me know too. I apologise if any of my stock pick has caused you lost money. I hope my recently pick VS 2.35 I mentioned in 18 December has made you earn something. It's about 21% rise.
For Yinson, need to give it sometime to see the oil drop. Then collect when it rebounds. In fact the earning of yinson is not directly linked to oil as they are FPSO provider and their contract can last for years (15-20) a very good re-occurring profit. Me very long term. If want fast and furious, follow rchi
ctea, its all good bro.your picks are spot on and high earners, to me at least earning is the mother of all fundamentals :) of course, there were some losses but its ok. as for pmetal, quite regret selling early. should have hold that one. bought some and earned a few rounds on inari too, between 2.70 to 2.90/3 for a few months.good for fast trades the range. im mostly for the long also...will look at yinson and VS, but im favouring more of VS..waiting to buy on correction, hope wont miss this time.
Siva, all credit to you to ask us focus on GST. Me still holding a bit of ifcamsc Your systech also move. I am hoping to repeat such success in other counter in IRIS.
So far all GST linked counters has jalan a bit like MYEG, GHLSYS (on off), CENSOF, YGL. I bet iris will be next because the unusual volume and even the selling of substantial holders doesn't put people off. Also I check iris trending in i3, going up - means more interest. Of course I spread my risk in other counter too. Good luck.
kongxkong, good to hear you make some money too.
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